Recession & Employment
This Migration Policy Institute event was held to discuss the release of MPI's book, Migration and the Great Recession: The Transatlantic Experience, which reviews how the financial and economic crisis of the late 2000s marked a sudden and dramatic interruption in international migration trends.
This important MPI report challenges the conventional wisdom about the immigrant workforce, using a sophisticated new method of analysis that permits deeper examination of how workers – immigrant and native-born – fare by economic sector, the skill level of their jobs, and educational attainment.
The long-term impact of immigration on the average income of Americans is small but positive. In the short term, however, immigration may slightly reduce native employment and average income. This discussion explores findings of a report analyzing both short- and long-run impacts of immigration on average and over the business cycle.